Eight men in frame to run Norway wealth fund, including deputy CEO

OSLO (Reuters) – Eight candidates have applied to head Norway’s sovereign wealth fund, the country’s central bank said on Tuesday, as its board prepares to decide who should steer... Read more »

Pioneer Natural CEO calls on investors to divest in companies with high flaring

HOUSTON (Reuters) – The chief executive of Pioneer Natural Resources, Scott Sheffield, on Thursday called on energy investors to sell shares or pull funding from companies that have rates... Read more »

Senator hedge fund’s founding duo to split; Klabin will leave firm

BOSTON (Reuters) – Hedge fund Senator Investment Group told clients on Thursday that its founding partners are splitting up, ending one of the industry’s more profitable and durable professional... Read more »

YOUR MONEY: Family offices lead the way on impact investing

NEW YORK (Reuters) – When former investment manager Ron Cordes started a charitable foundation in 2007, he got frustrated because he could only “do good” when he was actively... Read more »

Billionaire Lawrence Stroll buys stake in Aston Martin

LONDON (Reuters) – Canadian billionaire Lawrence Stroll has agreed to buy up to 20% of Aston Martin and rename his Formula One team after the 107-year-old company famed for... Read more »

Exclusive: SoftBank leads latest Alto Pharmacy funding round at over $1 billion valuation

BANGALORE (Reuters) – SoftBank’s second Vision Fund has led a new round of funding for Silicon Valley-based drug delivery firm Alto Pharmacy that valued it at over $1 billion,... Read more »

Sovereign wealth funds move mainstream, make less contrarian bets

LONDON (Reuters) – Sovereign wealth funds’ investment moves are becoming more closely aligned with the global asset management industry as they mature, and their growing size makes it harder... Read more »

Valaris settles with Luminus, hands board seat to hedge fund

BOSTON (Reuters) – Oil drilling firm Valaris PLC reached a settlement with Luminus Management and said on Monday that it has appointed one of the hedge fund’s partners to... Read more »

WeWork inks office space deal with SoftBank-backed Gympass: sources

NEW YORK (Reuters) – WeWork has signed a deal to provide space to 250 employees of gym membership app company Compass in New York, the latest example of the... Read more »

ValueAct CEO Jeff Ubben to step down: Financial Times

FILE PHOTO: Jeffrey Ubben, Founder & CEO at ValueAct Capital, poses for a portrait before speaking on the Reuters Newsmaker event’ “The Future of Shareholder Activism” panel in Manhattan,... Read more »